Owners of Garmin (NASDAQ: GRMN) shares as of market close today will be eligible for a dividend of 45 cents per share. At a price of $35.67 as of 9:33 a.m. ET, the dividend yield is 5.1%. The average volume for Garmin has been 1.9 million shares per day over the past 30 days. Garmin has a market cap of $7.0 billion and is part of the electronics industry. Shares are down 12.6% year to date as of the close of trading on Monday. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys dividend stocks that have the potential for a 3% to 4% yield and 10% growth. Get his best picks for less than $50/year. Garmin Ltd., together with its subsidiaries, designs, develops, manufactures, and markets global positioning system (GPS) enabled products and other navigation, communication, and information products for the automotive/mobile, outdoor, fitness, marine, and general aviation markets worldwide. The company has a P/E ratio of 12.90. Currently there are 4 analysts that rate Garmin a buy, 1 analyst rates it a sell, and 5 rate it a hold. TheStreet Ratings rates Garmin as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Garmin Ratings Report now.